Optical Transport Network Hardware Market Size, Share | 2030

Segments - Optical Transport Network Hardware Market by Equipment (OTN Switching, OTN Transport, and Optical Packet Platform Systems), Applications (Video, Voice, and Storage), Technology (40G and 100G), End Users (Consumers and Business Entities), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

The global optical transport network hardware market is anticipated to grow significantly during the forecast period, 2021-2028. The growth of the market is attributed to the technological innovations in the optical transport network (OTN) hardware market along with the constant demand for high-speed communication.

An optical transport network is a composite of optical network elements which are interconnected by multiple optical fiber links. OTNs provide to improve functionality for various services including network routing, management, transport, supervision, and multiplexing. Bandwidth and latency are two key systems that help to boost the implementation of any communication network. With the introduction of smartphones and other high-tech mobile devices, the demand for high-speed network infrastructure is rising globally due to the existing challenges such as mobile network congestion impact by increasing communication traffic. To ensure mobile networks function at high speeds every time, the service operators had to adopt OTN hardware and this results in high cost in terms of investment. However, rising development of latest technological innovations such as multipurpose OTN architectures and dense wavelength division multiplexers are key drivers for the market expansion.

The OTN hardware is an equipment that combines the basic features such as optical channel data switching unit with the advanced features including tandem connection monitoring. This allows the networks to flow in a more streamlined manner and with limited packet drops and traffic build ups, OTN becomes more efficient.

Optical Transport Network Hardware Market Summary

Market Trends, Drivers, Restraints, and Opportunities

High penetration of ethernet services and mobile networks increasingly require high-speed network solution, which in turn, leading to a huge surge in the demand for OTN hardware. This presents one of the major drivers for the OTN hardware market.
During the COVID-19 pandemic, majority of the brick-and-mortar stores have shut and preferred to attach with online platforms since online purchasing are being considered as a favorable alternative means for shopping. This has also led to the growing implementation of OTN to their infrastructure, making it a notable driver for the market growth.
Increasing use of social platforms and wide access to several activities including live webcasting, online gaming, social media, and video conferencing both for commercial and individuals, the demand for OTN hardware is increasing from service providers. This is expected to drive the market growth.
Growing demand for OTN hardware systems from both large enterprise as well as small & medium enterprises for effective functioning of their services act as a key driver for the market growth.
Lack of the limited investment resources and high cost of the system installation present key restraining factors that can impede the market expansion.

Scope of the Market

The report on the global optical transport network hardware market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attribute	Details
Report Title	Optical Transport Network Hardware Market – Global Industry Analysis, Growth, Share, Size, Trends and Forecast
Base Year	2020
Historic Data	2018-2019
Forecast Period	2021-2028
Segmentation	Equipment (OTN Switching, OTN Transport, and Optical Packet Platform Systems), Applications (40G and 100G), and End Users (Consumers and Business Entities)
Regional Scope	Asia Pacific, North America, Latin America, Europe and Middle East & Africa.
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends, and Revenue Forecast
Key Players Covered in the Report	3Com, Adapter Inc., Adax Inc., ADS Technologies Inc., Advanced Micro Devices., Alcatel-Lucent, Allied Telesis, Alloy Computer Products, Asante Technologies Inc., ATEN Technology., Britestream Networks Inc., Broadcom, Ciena, Cisco, Fujitsu, Huawei Technologies, and Nokia Siemens.

Global Optical Transport Network Hardware Market Segment Insights

Optical packet platform systems segment to hold a large market share

Based on equipment, the market is divided into OTN switching, OTN transport, and optical packet platform systems. The optical packet platform systems segment is expected to hold a large market share during the forecast period owing to wide adoption of the equipment for various network hardware applications.

100G segment is projected to register substantial growth

In terms of applications, the global optical transport network hardware market is segmented into 40G and 100G. The 100G segment is projected to register substantial growth during the forecast period owing to rising investing in OTN hardware infrastructure impacted by the rapid growth of digitalization. Several companies are largely adopting on the 40G technology combining with multipurpose OTN architectures. However, companies are switching over to 100G technology with the advancement of technology along with the introduction of dense wavelength division multiplexers. While the 40G technology is used by households and other commercial projects, the businesses adopt 100G technology to hold their OTN running at maximum efficiency.

Optical Transport Network Hardware Market By Application

North America to account for a large share

On the basis of regions, the market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to account for a large share of the market during the forecast period owing to early adoption of the OTN technology to a larger scale from various enterprises in the region. Several innovations of the technology such as introducing the wavelength division multiplexing in the core network is a key driving factor for the regional market growth. However, the market in Asia Pacific is projected to expand at an impressive CAGR during the forecast period owing to wide investment from developing economies especially countries such as India and China in the 3G and 4G technology and adoption of these technology on smartphones.

Optical Transport Network Hardware Market By Region

Segments

The global optical transport network hardware market has been segmented on the basis of

Equipment

OTN Switching
OTN Transport
Optical Packet Platform Systems

Applications

40G
100G

End Users

Consumers
Business Entities

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

3Com
Adapter Inc.
Adax Inc.
ADS Technologies Inc.
Advanced Micro Devices Inc.
Alcatel-Lucent
Allied Telesis
Alloy Computer Products
Asante Technologies Inc.
ATEN Technology Inc.
Britestream Networks Inc.
Broadcom
Ciena
Cisco
Fujitsu
Huawei Technologies
Nokia Siemens

Competitive Landscape

Key players in the market include 3Com, Adapter Inc., Adax Inc., ADS Technologies Inc., Advanced Micro Devices., Alcatel-Lucent, Allied Telesis, Alloy Computer Products, Asante Technologies Inc., ATEN Technology., Britestream Networks Inc., Broadcom, Ciena, Cisco, Fujitsu, Huawei Technologies, and Nokia Siemens.

Optical Transport Network Hardware Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Transport Network Hardware Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Optical Transport Network Hardware Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Optical Transport Network Hardware Market - Supply Chain
  4.5. Global Optical Transport Network Hardware Market Forecast
     4.5.1. Optical Transport Network Hardware Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Optical Transport Network Hardware Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Optical Transport Network Hardware Market Absolute $ Opportunity
5. Global Optical Transport Network Hardware Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Optical Transport Network Hardware Market Size and Volume Forecast by Applications
     5.3.1. 40G
     5.3.2. 100G
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Optical Transport Network Hardware Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Optical Transport Network Hardware Market Size and Volume Forecast by End Users
     6.3.1. Consumers
     6.3.2. Business Entities
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Optical Transport Network Hardware Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Optical Transport Network Hardware Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Optical Transport Network Hardware Demand Share Forecast, 2019-2026
8. North America Optical Transport Network Hardware Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Optical Transport Network Hardware Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Optical Transport Network Hardware Market Size and Volume Forecast by Applications
     8.4.1. 40G
     8.4.2. 100G
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Optical Transport Network Hardware Market Size and Volume Forecast by End Users
     8.7.1. Consumers
     8.7.2. Business Entities
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Optical Transport Network Hardware Demand Share Forecast, 2019-2026
9. Latin America Optical Transport Network Hardware Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Optical Transport Network Hardware Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Optical Transport Network Hardware Market Size and Volume Forecast by Applications
     9.4.1. 40G
     9.4.2. 100G
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Optical Transport Network Hardware Market Size and Volume Forecast by End Users
     9.7.1. Consumers
     9.7.2. Business Entities
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Optical Transport Network Hardware Demand Share Forecast, 2019-2026
10. Europe Optical Transport Network Hardware Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Optical Transport Network Hardware Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Optical Transport Network Hardware Market Size and Volume Forecast by Applications
     10.4.1. 40G
     10.4.2. 100G
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Optical Transport Network Hardware Market Size and Volume Forecast by End Users
     10.7.1. Consumers
     10.7.2. Business Entities
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Optical Transport Network Hardware Demand Share Forecast, 2019-2026
11. Asia Pacific Optical Transport Network Hardware Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Optical Transport Network Hardware Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Optical Transport Network Hardware Market Size and Volume Forecast by Applications
     11.4.1. 40G
     11.4.2. 100G
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Optical Transport Network Hardware Market Size and Volume Forecast by End Users
     11.7.1. Consumers
     11.7.2. Business Entities
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Optical Transport Network Hardware Demand Share Forecast, 2019-2026
12. Middle East & Africa Optical Transport Network Hardware Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Optical Transport Network Hardware Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Optical Transport Network Hardware Market Size and Volume Forecast by Applications
     12.4.1. 40G
     12.4.2. 100G
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Optical Transport Network Hardware Market Size and Volume Forecast by End Users
     12.7.1. Consumers
     12.7.2. Business Entities
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Optical Transport Network Hardware Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Optical Transport Network Hardware Market: Market Share Analysis
  13.2. Optical Transport Network Hardware Distributors and Customers
  13.3. Optical Transport Network Hardware Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. 3Com
     13.4.2. Adapter Inc.
     13.4.3. Adax Inc.
     13.4.4. ADS Technologies Inc.
     13.4.5. Advanced Micro Devices Inc.
     13.4.6. Alcatel-Lucent
     13.4.7. Allied Telesis
     13.4.8. Alloy Computer Products